Posts

Showing posts from August, 2020

2.3 % Grew in China’s Economy

-
Image
  China’s economy recovered to pre-pandemic growth rates in the fourth quarter, propelling it to a stronger than expected full-year expansion of 2.3% and making it the only major one to avoid contraction.  Gross domestic product climbed 6.5% in the final quarter from a year earlier, fueled by stronger-than-expected industrial output, the statistics bureau said Monday.   Covid-19, which has ravaged the world economy, first emerged in central China in late 2019. But the world's second-largest economy also became the first to bounce back after imposing strict lockdowns and virus control measures. It is expected to be the only major world economy clocking positive 2020 growth. In the last three months of 2020, China's economic rebound continued with a better-than-expected 6.5 percent growth on-year, a sustained improvement since the second quarter. This brings it back to a pre-pandemic trajectory, although full-year 2020 growth is still its worst performance since 1976, when the ec
1 comment
Read more

Is Facebook favoring the ruling party in India?

-
Image
Facebook has found itself at the centre of attraction in India following a report published in Wall Street Journal claiming that Facebook ignored applying its hate speech rules to a BJP leader's post in India. This report has raised questions over the strong connections between the ruling party (BJP) and Facebook, putting into the role of a top executive of the social media platform, Ankhi Das. The report published in Wall Street Journal claimed that Ankhi Das, Facebook’s public policy director for India, South and Central Asia, told employees that the initiating punitive actions against BJP leader's indulging in hate propaganda. Now this report has erupted a political fight between Congress and the BJP on the issue with the opposition demanding a free and fair probe into Facebook’s operations in India. The Congress is using the issue to set the stage for the Parliament's monsoon session which is likely to be called in September. The BJP and the government have, howev
1 comment
Read more

One year of Article 370

-
Image
On the first anniversary of the reading down of Article 370 , the kashmir valley continues to be subjected to various restrictions and proper Internet services are still barred. Many political leaders are being under detention or house arrest. Last year on 5 August the government of India revoked the special status, or limited autonomy, granted under Article 370 of Indian Constitution to Jammu and Kashmir. This revoke led to breaking up of Jammu and Kashmir into directly administered by the government of India : one that combines Hindu- majority Jammu and Muslim- majority kashmir, and Buddhist - majority Ladakh.    One year- where do things stand?  At the time of revoking, it was stated that that reading down Article 370 would guide development and several industries would set up shop in kashmir but, this has proved to be a futile hope. The covid pandemic has made any nation wide reforms difficult to implement but even before the nation wide shutdown in March, there had be
3 comments
Read more

Popular posts from this blog

The Dragon's Way

-
Image
After the border tensions between India and China. "Boycott China" emotions have started trending again. India is now importing almost 80 billion dollar worth of goods from China which is 17% of it's total imports. The influx of chinese products began in 1992 when globalisation began in India and now it has a stronghold in many sectors of Indian industries. One of the most impacted sector from chinese imports is electronics especially smartphones and mobile parts. India imports most of it's pharmaceutical supplies from China which can prove to be a big problem in the future if Indo-China tensions intensify. China is now world's second largest economy and India will have difficulty in boycotting it's goods. But it is not impossible to boycott China. We need to know the root cause of how chinese communist party wants to dominate the world and what dirty tactics are used by them for achieving this economically, politically. The border disputes which China are doi
Read more

Indo-China Border Dispute

-
Image
India and China share a border of 3440 km long and have overlapping territorial claims. Their border patrols often bump into each other, resulting in small struggle but both the sides insist no bullet has been fired in four decades. Army of both the country came face to face at many points. The poorly demarcated Line of Actual Control (LAC) separates the two sides. Rivers, lakes and snow caps mean the line separating the solider can shift and they often came close to confrontation. History of dispute India and China fought a war in 1962 over their contested in the border in the Himalayas. The war ended with a truce and the formation of a De Facto boundary, known as the LAC. There has been an uneasy and fragile peace since the war. No official border has ever been negotiated,the region where clashes is hostile terrain, at high Altitude and less populated running through the Ladakh region bordering Tibet. What is Line of Actual Control ( LAC) ? LAC is a loose demarcation line that separa
Read more